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Car Leasing vs Buying

Is Buying a car better than leasing it? It is impossible to say that one finance option is always better than the other because the correct answer always depends on the circumstances of each case and the type of lease you are choosing to use. However, the monthly cost of Contract Hire and Leasing for CLICK TO READ MORE >>>

Do leased vehicles come with breakdown and road side assistance cover?

Vehicles include between 12 months or 36 months breakdown recovery at no extra cost which is part of the manufacturer Warranty– the length of the period depends on the manufacturer. Therefore, it is always best to enquire at the outset of all negotiations for either leasing or buying a car via other forms of finance. CLICK TO READ MORE >>>

If I have a car lease, what do I do in the event of a car accident?

For car leasing, you would do as you would in ordinary circumstances. Because you arranged the insurance, you need to contact your insurance company but also inform the finance company that provided the vehicle to you. Compare Car FInance for your preferred vehicle or look at our Car Leasing Deals

How can www.FinanceAcar.co.uk offer such cheap car finance and leasing deals?

Our car and finance packages give cheaper prices than if you find a car and then try and find separate finance. In fact, our car and finance packages are most often cheaper than finance from a dealer because our finance partners buy cars in bulk and get substantial volume discounts that we pass on to you. All CLICK TO READ MORE >>>

How can the price of leasing 'prestige' cars be lower than that of 'standard' cars?

When considering a car lease there are many things to be considered including the ‘On the road’ price, mileage agreed, contract period and the estimated future (residual) value of the vehicle. If a prestige vehicle doesn’t depreciate as fast as a standard vehicle (ie; it’s residual value doesn’t drop as fast), then the monthly payment CLICK TO READ MORE >>>

Benefits of Car Leasing and Contract Hire. What are they?

Lower Monthly Payments - If you obtain a competitive lease quote, because you only pay for the portion of the car you will end up using, your monthly payments are often much lower than for a bank loan for the same car and same term. More Car, More Often - Because your monthly payments are lower, you CLICK TO READ MORE >>>

What are the different Finance Options available?

If you are looking to obtain a new car, you are about to make an extremely important decision! Factors such as safety, economy, size, design and price are major considerations in your ‘car shopping’ process. However, whether you are looking for a company car for a business or a family car, one of the biggest CLICK TO READ MORE >>>

Why is it so important to compare car finance quotes?

The most important part to remember is that if you are comparing quotes for car leasing or personal loan from different finance companies, always ensure that you are comparing like with like. It is not just the monthly price that you should compare. You need to be sure that quotes are for exactly the same car, same CLICK TO READ MORE >>>

Why is it important to have a good credit rating?

All types of car finance requires to go through a credit check as the financing companies need to know some financial information about their future customers to try and limit their risk of default. Arranging secured finance such as Hire Purchase and car leasing (contract hire and contract purchase) is usually easier because the car CLICK TO READ MORE >>>

How long are lease contracts?

It is impossible to say that one car finance option is always better than the other because the correct answer always depends on the circumstances of each case and the type of lease you are choosing to use. However, the monthly cost ofContract Hire leasing for a period of 2 to 3 years is almost always much cheaper CLICK TO READ MORE >>>

What upfront payment is payable on car finance and car leasing?

This will depend on what car finance you have opted for and your specific application. For a car leasing application, it is likely to be no less than the equivalent of 3 months of payments upfront and could be as much as 12 months depending on your credit history. However, you can also choose to CLICK TO READ MORE >>>

What if I need to end the lease contract earlier than agreed?

For car leasing, you will be charged an early termination fee that will depend on the type of contract. This will also vary by vehicle and the month in the period of your contract in which you want to terminate. If you find yourself in this situation, please let us know by writing to: help@financeacar.co.uk and CLICK TO READ MORE >>>

What happens to the Vehicle at the end of a lease contract?

Depending on the type of lease contract that you opted for (see finance products ), most often you have a choice of giving the vehicle back, extending the contract period by months/years at a discounted rate, or purchasing the vehicle from the finance company that supplied it to you. “Compare Car Finance Prices Right Now”.

How do I insure my new car, does a car lease contract include insurance?

The prices offered by FinanceAcar do not include insurance. Full comprehensive insurance on the vehicle must be arranged by you but some of our partners could help you get the most competitive deal on your car insurance. “Compare Car Finance Prices Right Now”.

What is car 'maintenance' and is this included in a lease contract?

A maintenance package can be combined with car leases . It is like an insurance policy that covers vehicle repair and maintenance costs for the car such as servicing, battery, tyres, brakes and exhaust repairs. If you elect to take a maintenance package, it is an additional monthly cost above the cost of the car. CLICK TO READ MORE >>>

Mileage

Is it possible to reduce or increase the mileage specified in a car lease contract? It is possible to specify the desired mileage limit at the start of the contract. It is rare to be able to change the conditions of the contract once it has begun. What if I exceed the agreed mileage on CLICK TO READ MORE >>>

Where are the vehicles sourced from?

The vehicles that are supplied to you are sourced from top UK dealers and finance companies and are delivered to your door, usually at no extra cost. Compare Car Finance prices for your preferred car or look at our Car Leasing Deals.

How do I make my car finance monthly payments?

The most common arrangement is by direct debit to the financing company. “Compare Car Finance Prices Right Now”.

How do I receive my vehicle?

If you lease a vehicle, free UK mainland delivery should be included with every vehicle. If you finance it through a Hire Purchase agreement or a Car Loan, this will depend on the terms of the agreement. Be sure to check this at the time of deciding on your contract and be sure to specify the CLICK TO READ MORE >>>

Do Car Lease Contracts include Road Tax?

For car leasing , the length of period of Road Tax will vary by contract, but in nearly all cases the price that you pay will include at least the first 12 months of Road Tax and often as much as the duration of the contract. “Compare Car Finance Prices Right Now”.

Are the vehicles supplied with a warranty?

All vehicles FinanceAcar and it’s partners supply are covered by a full UK manufacturer’s warranty. The warranty usually lasts for 3 years but can be as long as 5 years for certain manufacturers. “Compare Car Finance Prices Right Now”.